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The senior deduction is automatically calculated by TurboTax based on the dates of birth you entered for each spouse.   The senior additional deduction is not included in the standard deduction but appears on line 37 of Schedule 1-A of your form 1040, with that amount flowing to line 13b of your form 1040.   In TurboTax Online, you can only view Schedule 1-A after registering and paying the TurboTax fee.   But you can preview your form 1040 and check line 13b of your form 1040 which includes the senior deduction among other deductions if applicable, such as the tip deduction, the overtime or the car loan interest deduction.   to preview your form 1040 in TurboTax Online, follow these steps:   Open your return In the left-hand column, locate Tax Tools, click on the drop-down arrow then click on Tools On the Tools Center page, click on View Tax Summary In the left-hand column, click on Preview my 1040 Your form 1040 will display. Scroll down to line 13b   and you should see the amount of this deduction included in this line.

Thank You.   In the Deductions and Wages for T-IRA there is a question on whether I recharacterized the contribution and the amount. Somehow that had $7000. After removing that line 1 on 8606 got $7000 added and everything is back to normal

The settlement statement will have the selling prices and the selling expenses. Just keep the 1099-S in your file and you can report the rental sale.    The information here assumes you did not use this property as a home within the last five year.  If this is incorrect you will need to update here for different instruction.   First I will place an example of how you prorate the selling price to each of the assets including the land.   For any asset, such as appliances, that really have no value because they are past the recovery period of five years you can use a zero.   Use the original cost of each asset listed on depreciation, add those together then divide each one by the combined total to find the percentage of the cost for each asset.  Use that percentage times the sales price and sales expenses to find the selling price/sales expenses for each asset. If you want you can check the allocation of building and land in your county real estate tax office, on file now.   Example:  Original Cost (of each asset on your depreciation schedule) $10,000 Land                = 13.33%  $50,000 House              = 66.67% $15,000 Improvements  = 20% $75,000 Total                 = 100%   Multiply each percentage times the sales price/sales expenses to arrive at each individual sales price/sales expense.   Passive Activity Loss Entry if applicable: Assuming your passive losses were carried over each year, this will be a separate and identifiable entry which will carry to the Schedule E.  The full remainder of passive loss carryover is used in the year of sale as an expense. This is combined with your overall rental gain or loss to your Form 1040.  When you are on the screen 'Do any of these situations apply to this property?' (Property Profile section), be sure to check the box under Carryovers.  See my notes below on entering the sales price/expenses for each asset inside the rental activity. You need to dispose of the property by telling TurboTax how and when it was disposed of.  Follow the instructions below. Click on Search (upper right) > type schedule e > Enter > click Jump to .... link Answer the questions and on under Rent and Royalty Summary, click Edit Click Update to the right of Assets/Depreciation. Do you want to go directly to your asset summary?, click Yes and Continue Click Edit to the right of each asset to be disposed of Go through several screens until you get to Tell Us More About This Rental Asset Click on This item was sold…….   And continue to answer the questions You might also review information here for more details    @user17720471246 

Hi, dmertz’s interpretation is correct, and we are experiencing the same issue described in the original post. TurboTax 2025 Deluxe does not allow any deductible IRA contribution for the non-working spouse when the working spouse is covered by a workplace retirement plan, even though our MAGI is well below $246,000 for married filing jointly.   It appears that the software is incorrectly treating both spouses as covered by a workplace retirement plan and therefore applying the lower MAGI phase-out range of $126,000–$146,000 for married filing jointly.   How does TurboTax plan to address this software issue, and what should we do in the meantime? Any guidance from TurboTax would be greatly appreciated. Thank you.

To access your current or prior year online tax returns sign onto the TurboTax website with the User ID you used to create the account - https://myturbotax.intuit.com/ Scroll down to the bottom of the screen and on the section Your tax returns & documents.  Click on the Year and Click on Download/print return (PDF)   If you used the desktop CD/Download editions installed on your computer, the only copy of your tax data file and any PDF's will be on the computer where the return was created.  TurboTax does not store online any returns completed using the desktop editions.   Go to this IRS website for free transcripts of a federal tax return - https://www.irs.gov/individuals/get-transcript   For a fee of $30 you can get a complete federal tax return from the IRS by completing Form 4506 - http://www.irs.gov/pub/irs-pdf/f4506.pdf

@wjbuceyYou can actually edit the Est Tax Options form. Just right click on the field you want to change and select the Override option. Once you do this the value you changed will appear in red with its box filled with a yellow background. If you want to change it back just right click on it again and select Cancel Override.

Yes, you can recharacterize the Roth contribution to a Traditional IRA by asking the custodian to do a trustee-to-trustee transfer, moving the Roth contribution plus any earnings to a Traditional IRA before April 15, 2026. Then also before that date, you can do a back-door Roth conversion.   Please read this TurboTax Help article on the recharacterization   Please also read this TurboTax Help article on the back-door Roth conversion.      

2PM update 2/25/26  I did not close the TurboTax file before lunch.  Came back after a short nap and the transmit button screen was still up.  Rather than close I tried again ( I just love rejection and error messages).  This time it transmitted.  I don't know if it was lunch, the nap, all the posts about the problem, or they finally fixed the problem, but it worked.   😁

2PM update 2/25/26  I did not close the TurboTax file before lunch.  Came back after a short nap and the transmit button screen was still up.  Rather than close I tried again ( I just love rejection and error messages).  This time it transmitted.  I don't know if it was lunch, the nap, all the posts about the problem, or they finally fixed the problem, but it worked.   😀